Care Communications, Inc. Announces Record Year in 2008, 23 Percent Revenue Growth.CHICAGO -- Care Communications, Inc., a nationally recognized leader in the health information management (HIM) industry, today announced record growth through 2008, reflecting a 23 percent growth in revenues over 2007. "Care Communications had a record year fueled by strong demand for expertise in HIM services to help hospitals better manage health information in light of changing industry reimbursement regulations, such as the recovery audit contractor (RAC) initiative and present on admission (POA) guidelines" said Hal Walsh, Care Communications' senior vice president of sales and marketing. "In this uncertain economy, Care Communications continues to help its hospital clients operate more profitably while dealing with HIM staff shortages and transitioning to an electronic health record." Positioned at the heart of a healthcare organization's revenue cycle, HIM can help organizations succeed, but mistakes in this area can cost a hospital millions in revenues or put them at undue compliance risk. Care Communications' unique approach and quality controls help hospitals better ensure success and effectively overcome these challenges. In addition to a growing client base of hospitals and health systems, Care Communications also experienced growth in procurement and medical abstractions services for research organizations, electronic health record transition for hospitals in the US and overseas, and process improvement strategies for state cancer registries. Care Communications expanded its philanthropic activity and became a Diamond Partner of the AHIMA in 2008. "After a record year, we felt it appropriate to give back to the industry in a bigger way," said Walsh. The AHIMA and its Foundation of Research and Education (FORE) depend on contributed support from members and industry leaders to fund its initiatives to sustain and recognize continuous innovation and advances in health information management. About Care Communications Care Communications is a nationally recognized leader in Health Information Management (HIM) and has served the needs of leading healthcare organizations since 1976. Care Communications offers healthcare organizations the industry's most focused, effective and comprehensive suite of HIM services. From revenue enhancement and cost reduction to transformational consulting, research support, and change leadership, the nation's most successful health care and research organizations turn to Care Communications for help with their most challenging HIM issues. For more information, visit www.carecommunications.com. |
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